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Elliott waves for Forex correlation analysis

William Gann was born in 1878. Trying hand at stock exchange where he used his own funds, he released that a special expertise is required to trade. He researched the market and could calculate a precise time of reversals even for the year before.

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Elliott waves for Forex correlation analysis

2017	EURUSD	GBPUSD	USDJPY
28 7月	Corrective mode Wave Analysis During the previous trading day, there was a slight correction of the impulsive wave (v) but could extend even lower during this intraday. Since march this year, this pair has been in a constant up trend and is likely to trade even higher during the coming months, thus, the downward r 多	As long as the price remains above 1.3025, expect a possible bullish price rally towards 1.33 Wave Analysis: Yesterday, a slight correction of the impulsive wave (c) was witnessed when the price could not extend above 1.3119, instead, there was a rebound from this level and could even extend lower. This downward rally is a mere corrective wave count and should not go beyond the end of the i 多	We're short Wave Analysis Following the end of the corrective wave (4) around 112.003, the impulsive wave (5) traded on the lower side and is still pretty much bearish both on the daily and weekly charts. During this intraday and also on the coming week, we expect a possible extension of this impulsive wave co 多
27 7月	Bullish engulfing candle	Bullish engulfing candle	Bears back in control
26 7月	Euro overbought	Bearish pin bar	Looking for low risk sell opportunities around 112.003
25 7月	Bullish inside bar	Look for low risk buy opportunities	Flat
24 7月	Bullish but wait for corrections	Looking for long positions	bears in control

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Elliott waves for Forex correlation analysis

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